Lake Benton, MN 56149

That's the average rate borrowers locked on October 22, 2026, from Optimal Blue's index of actual rate locks. On the median-priced home here, $169,000 with 10% down, it comes to $1,038 a month in principal and interest.

The typical home here costs $148 a month more than it did a year ago.

A year ago the median list price was about $162,000 and the 30-year rate was 6.17%: $890 a month with 10% down. Now it's $169,000 at 7.25%: $1,038.

Put the other way, last year's $890 a month buys about a $145,000 home at the latest rate.

Only 7 homes were for sale in 56149 in September, too few for steady figures, so these are for Lincoln County, MN.

On a typical day in September, 20 homes were for sale: 22% more than in August and 50% more than a year ago. During the month 4 new listings came on, and on a typical day 5 homes were under contract.

Homes spent a median of 51 days on the market, 5 days shorter than a year ago. Sellers cut the price on 5% of listings, down 11 points from a year ago. The median list price was $169,000, or $135 a square foot: down 22% from August and up 3.9% from a year ago.

Balanced market. Judged on 26 homes under contract for every 100 for sale, 51 days on the market and price cuts on 5% of listings.

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